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CNN
Jan 1, 2013 3:00am PST
? >> that's right. absolutely. >> and grover norquist seems to have approved this deal. approved plan b which a lot of republicans didn't support. he couldn't get it to a floor vote. said this is okay. guys like and you many like you across the country are in districts that are not competitive in the general election, they are competitive in the primary, so you have to tack to the side of your party. and that means that it makes it harder for guys like you to compromi compromise, you are keeping an open mind. given your general history, you wouldn't like this deal? >> you stated it perfectly. grover gorgeous kwis well respected. did i sign that pledge in 2002, and that was not just a pledge to grover norquist, u.s. a pledge to the constituents who voted for me over the other two guys, pretty good candidates as well. grover could say theoretically we've gone over the cliff. everyone's taxes have gone up, at least for 12 hours, and a vote would be a vote to lower taxes for everybody under $400,000, and i'm just not sure the people in the 11th of georgia will see it that way. i'm concerned
CNN
Dec 29, 2012 3:00am PST
man. grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to $1 trillion in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the point is, we could've all seen this coming and so
Search Results 0 to 1 of about 2